Rising Demand for Health Insurance and Growing Awareness and Adoption of ICD Coding Standards are driving Asia-Pacific Revenue Cycle Management Market in the forecast period of 2019-2026


Drivers: Asia-Pacific Revenue Cycle Management Market

  • Rising demand for health insurance
  • Growing awareness and adoption of ICD coding standards

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Restraint:

High pricing and costly maintenance of RCM solutions

Opportunity:

Rising demand for cloud-based RCM solutions

Challenge:

Risk associated with data security and privacy

Market Trends:

Asia-Pacific revenue cycle management market is segmented into five segments that are based on product type, deployment, component, stage, and end user.

  • On the basis of product type, the market is segmented into integrated RCM and standalone RCM.
  • On the basis of stage, the market is segmented into front office, mid office and back office. Front office segment is expected to dominate the Asia-Pacific revenue cycle management.
  • On the basis of component, the market is segmented into software and services.
  • On the basis of deployment, the market is segmented into web based, on-premise and cloud-based.
  • On the basis of end user, the market is segmented into hospitals, general physicians and labs.

Major Players: Asia-Pacific Revenue Cycle Management Market

Some of the major players operating in this market are Quest Diagnostics Incorporated, Cerner Corporation, Allscripts, Navigant Consulting, Inc., Cognizant, Athena health, Inc., Change Healthcare, eClinical Works, Epic Systems Corporation, Experian Information Solutions, Inc., UnitedHealth care, Siemens, and others.


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